Simpson Thacher & Bartlett
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Biglaw, Bonuses, Money
Bonus Season Comes Early! (And It's Not Cravath -- It's Simpson)
We have our first Biglaw bonus announcement, courtesy of Simpson Thacher. Let the games begin! -
Biglaw, Lateral Moves, Musical Chairs, Partner Issues, Partner Profits
Musical Chairs: Kirkland Snags A Skadden Partner, But A Simpson Partner Stays Put
Kirkland continues to raid rivals, offering eye-popping pay packages. - Sponsored
Generative AI In Legal Work — What’s Fact And What’s Fiction?
Zach Warren from the Thomson Reuters Institute discusses the potential and the pitfalls. -
6th Circuit, Antonin Scalia, Biglaw, Federal Judges, Gay, Gay Marriage, Insider Trading, Law School Deans, Law Schools, Morning Docket, SCOTUS, Supreme Court
Morning Docket: 03.24.14
* Justice Antonin Scalia isn’t quite ready to publicly weigh in on whether computer data is considered a protected “effect” under the Fourth Amendment. “[T]hat may well come up [before the Supreme Court],” he says. Thanks NSA. [Business Insider]
* “[I]t doesn’t take many bad apples in a barrel to cause a stink.” No matter how hard Biglaw firms try to keep their confidential information locked down, someone’s going trade on it. It looks like STB is learning that the hard way. [Wall Street Journal (sub. req.)]
* The day after Michigan’s ban on same-sex marriage was struck down by Judge Bernard Friedman, couples who rushed to marry were met with some serious Sixth Circuit sadness. Way to stay and spoil all of the celebrations, judges. [New York Times]
* “We’re not the Cleveland Browns,” says one of Case Western Law’s interim co-deans. With that kind of a glowing endorsement, we don’t see how this law school could possibly fail. [Crain’s Cleveland Business]
* Rutgers Law-Newark has a new low-bono fellowship program “believed to be the first of its kind in the nation.” Some other law schools might have a bone to pick about that statement. [New Jersey Star-Ledger]
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Biglaw, Insider Trading, Securities and Exchange Commission, Securities Law, Wall Street, White-Collar Crime
Biglaw Employee Charged In $5.6 Million Insider Trading Scheme
At which elite law firm did the defendant work, and from which school did he receive his law degree? -
Biglaw, Fabulosity, Partner Issues, Partner Profits
New Partner Watch: Incoming Partner Classes at 10 Top Firms
What do the incoming partner classes at 10 leading law firms reveal about the state of Biglaw? -
Biglaw, Career Center, Career Files, Job Searches, Job Survey, Law Students, Lawyers, Rankings
ATL’s 12 Top Rated Firms For 2013
Which Biglaw firms are the highest rated by their own employees? -
Barack Obama, Election Law, Insider Trading, Mergers and Acquisitions, Morning Docket, Pepper Hamilton, Securities and Exchange Commission, Technology
Morning Docket 11.12.13
* Who are the real victims of insider trading? It’s the Duke brothers, duh. [DealBook / New York Times]
* Judge Ellen Huvelle has ordered the government to turn over to her an executive order that the feds claim is subject to executive privilege. Judge Huvelle rejected the administration’s argument that privilege exists because, “we don’t want to give it to you.” [Politico]
* Pepper Hamilton has joined the greener pastures of Silicon Valley, opening an office with three partners poached from Goodwin Proctor. [Reuters Legal (sub. req.)]
* Speaking of poaching, Martin Dunn, former deputy director of the SEC and O’Melveny partner is joining Morrison & Foerster. [The Blog of the Legal Times]
* And while we’re at it, M&A partner Sean Rodgers has left Simpson Thacher to merge with Kirkland & Ellis. [The AmLaw Daily]
* Publisher ALM (The American Lawyer, Corporate Counsel, The National Law Journal, The New York Law Journal) has a new technology partner and hopes to boost its readership. If they want to boost their readership, wouldn’t starting a new law school be a better investment? [Talking Biz News]
* Conservative groups are miffed about video of this Democratic party lawyer “attacking” a Republican at the polls and trying to “steal” an election. It seems like he put his hand over the lens of a camera phone, but sure, this is exactly like telling minorities the wrong day to vote. [Bearing Drift]
* The Amanda Knox case has a trade secret component as a battle rages over DNA testing technology. [Trade Secrets Watch / Orrick]
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American Bar Association / ABA, Barack Obama, Biglaw, Department of Justice, Law School Deans, Law Schools, Mergers and Acquisitions, Morning Docket, Murder
Morning Docket: 09.04.13
* Biglaw’s billing bonanza: at least 12 firms are advising on the multi-billion dollar deals going on between Microsoft / Nokia and Verizon / Vodafone, and Simpson Thacher landed a seat on both. [Am Law Daily (sub. req.)]
* Standard & Poor’s is now accusing the Department of Justice of filing its $5 billion fraud lawsuit in retaliation for downgrading the country’s credit rating. Aww, we liked the “mere puffery” defense much better. [Reuters]
* The new ABA prez doesn’t think Obama meant what he said about two-year law degrees. He thinks it’s about cost. Gee, the ABA should probably do something about that. [National Law Journal (sub. req.)]
* Meanwhile, New York Law School wants to condense its offerings into a two-year honors program that comes complete with a $50,000 scholarship. Sweet deal if you can get it, but it sounds like most people won’t. [Crain’s New York Business]
* Stewart Schwab, the dean of Cornell Law School, will be stepping down at the end of the academic year. The search for someone new to oversee the filming of amateur porn in the library is on. [Cornell Daily Sun]
* Crisis? What crisis? Nothing is f**ked here, dude. Amid plummeting applications, GW Law increased the size of its entering class by about 22 percent. The more lawyers, the better, right? /sarcasm [GW Hatchet]
* Jacked up! Attorneys for NFL player Aaron Hernandez got a stay in the civil suit accusing the athlete of shooting a man in the face until after the athlete’s murder charges have been worked out. [USA Today]
- Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so… -
Biglaw, Career Center, Job Survey, Rankings, Reader Polls
Which Firms Are The Student Favorites?
There are plenty of media entities measuring firms against one another: revenues (Am Law), “prestige” (Vault), practice area prowess (Chambers), and so on. Which firms are the law student favorites according to the ATL Survey? -
Ask the Experts, Biglaw, Boutique Law Firms
From Across the Desk: Capital-Markets Centric Firms
Bruce MacEwen of Adam Smith Esq. continues his taxonomy of law firms with the capital-markets centric firms. -
Biglaw, Disasters / Emergencies, Federal Judges, Gender, Mergers and Acquisitions, Morning Docket, Murder, Pregnancy / Paternity, Tax Law, Technology, Trials, United Kingdom / Great Britain, Women's Issues, You Go Girl
Morning Docket: 05.21.13
* Our thoughts and prayers go out to the people of Oklahoma. [CNN]
* The IRS and the Treasury Department better watch out, because it seems that the “next logical step” for the tea party victims of heightened scrutiny leads right up the courthouse stairs. [ABC News]
* #Whatshouldwecallme after advising on the $1.1 billion Yahoo/Tumblr deal? Kind of a big deal. The Biglaw firms doing the underlying legal work are Simpson Thatcher and Gunderson Dettmer. [Am Law Daily]
* The Mirena MDL judge thinks female attorneys should be on the all-male executive committee. If this is “strategic gender placement,” the strategy is to look bad publicly. [Thomson Reuters News & Insight]
* The Travers Smith trainee who was fired for getting pregnant is due in court this June to find out what type of compensation she’ll receive for being discriminated against by the firm. You go girl! [Daily Mail]
* Wherein the parents of a 0L who’s got doubts about her employment prospects are counseled that she can “work not just in law.” ::facepalm:: [Law Admissions Lowdown / U.S. News & World Report]
* There’s trouble in paradise: lawyers in the Jodi Arias case unsuccessfully attempted to get a mistrial and withdraw from representation — for the second time — during its punishment phase. [Fox News]
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Biglaw, Bracewell & Giuliani, Chadbourne & Parke, Cozen O'Connor, Fabulosity, Faegre & Benson, Money, Partner Issues, Partner Profits, Rankings
The 2013 Am Law 100: A Year of 'Slow Growth'
Which firms had the biggest revenue and the highest profits per partner last year, according to the latest Am Law 100 rankings? -
Biglaw, Contests, March Madness, Partner Issues, Partner Profits, Reader Polls
ATL March Madness: The Law Firm With the Brightest Future -- Final Four
The ATL law firm bracket marches into the Final Four.
Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
The Business Case For AI At Your Law Firm
Generative AI In Legal Work — What’s Fact And What’s Fiction?
Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
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Biglaw, Contests, March Madness, Partner Issues, Partner Profits, Reader Polls
ATL March Madness: The Law Firm With the Brightest Future -- Round Three
Who will make the Final Four in the law firm brackets? -
Alston & Bird, Banking Law, Biglaw, Crime, Death Penalty, Gay, Gay Marriage, Ho-Love, JPMorgan Chase, Morning Docket, Paul Clement, SCOTUS, Supreme Court, Violence, You Go Girl
Morning Docket: 03.28.13
* Based on the justices’ reactions during oral arguments in Windsor v. U.S., there was no defending the Defense of Marriage Act. Not even the Paul Clement, the patron saint of conservative causes could save the day. [New York Times]
* Alas, the David Boies and Ted Olson Dream Team stole much of the spotlight from Roberta Kaplan, the Paul Weiss partner who argued on behalf of Edith Windsor in an effort to overturn DOMA. Seriously, you go girl! [WSJ Law Blog (sub. req.)]
* Dude, you’re getting a Dell! Alston & Bird and Kirkland & Ellis are the latest firms to join the Biglaw sharks (including Ho-Love, Debevoise, Wachtell, SullCrom, and Simpson Thacher) circling this major tech buyout. [Am Law Daily]
* It looks like it’s time for JPMorgan to face the music for its investments in Lehman Brothers, because a federal judge just ruled that the bank cannot “dispatch plaintiff’s claims to the waste bin.” [Reuters]
* An alleged killer’s sense of mortality: James Holmes, the suspect in the Colorado movie theater shooting, offered to plead guilty and spend life in prison in order to avoid the death penalty. [CNN]
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Biglaw, Contests, March Madness, Partner Issues, Partner Profits, Reader Polls
ATL March Madness: The Law Firm With the Brightest Future -- Round 2
Which law firm has the brightest future? After one round of voting, here are the remaining contenders. -
Bloomberg, Career Alternatives, Drinking, Videos, YouTube
Career Alternatives for Attorneys: Craft Spirit Curators
How would like to sample unique artisanal spirits as part of your job? At a start-up company with seven figures in revenue? -
Biglaw, Facebook, General Counsel, In-House Counsel, Law Schools, Social Media, Social Networking Websites
Some Of Facebook's First Users Work In Biglaw, But Where?
Thanks to some expert stalking, we now know that some of Facebook's first members became lawyers. Let's invade their privacy and find out about them! -
Biglaw, Fabulosity, Partner Issues, Partner Profits
New Partner Watch: Incoming Partner Classes at 10 Top Firms
What do the incoming partner classes at ten leading law firms reveal about the state of Biglaw? -
Associate Bonus Watch 2012, Biglaw, Bonuses, Money
Associate Bonus Watch: Simpson Thacher Matches Cravath
Simpson Thacher will not take a backseat to Cravath when it comes to bonus payments.